Open Innovation Archives

25 Mar

Navigate Uncertainty

Comments

[vc_row][vc_column][vc_column_text] Turning Tariff Challenges into Opportunity [/vc_column_text][vc_empty_space height="20px"][vc_column_text]Across industries, companies are facing mounting uncertainty driven by tariffs, shifting trade policies, and global supply chain disruptions. These uncertainties are forcing organizations to reallocate resources from long-term innovation to short-term operational pivots. However, businesses that take a proactive approach to overcoming these challenges can emerge stronger and more competitive. The past decade has provided key lessons on how to navigate uncertainty. Between 2017-2021, businesses grappled with shifting tariff policies, reshaping global trade relationships, and the massive supply chain disruptions caused by COVID-19. Companies that adapted quickly by diversifying suppliers, investing in digital solutions, and building supply chain resilience fared better than those that reacted too slowly. Learning from these experiences can help organizations prepare for the next wave of uncertainty. At Ezassi, we help companies navigate uncertainty by identifying alternative supply chain solutions, evaluating nearshoring and reshoring opportunities, and uncovering innovation-driven cost-saving strategies. Here’s how companies...

18 Mar

Procurement Strategy for Supply Chain Agility

by Huck Auluck

in Enterprise Innovation, Innovation Software, Innovation Strategy Services, Open Innovation, Research Services, Technology Scouting

Comments

[vc_row][vc_column][vc_column_text] The Ezassi Advantage: Enhancing Supply Chain Agility for Procurement Executives [/vc_column_text][vc_empty_space height="16px"][vc_column_text] Why CPOs and Supply Chain Executives Should Pay Attention [/vc_column_text][vc_empty_space height="16px"][vc_column_text]For Chief Procurement Officers (CPOs), procurement leaders, and supply chain executives, staying ahead of disruptions while driving efficiency, cost savings, and sustainability is more challenging than ever. This is where Ezassi comes in. Ezassi is a cutting-edge open innovation platform that helps organizations streamline their procurement and supply chain processes through advanced scouting, ideation, and technology discovery. If you’re responsible for procurement strategy and supply chain resilience, here’s why Ezassi should be on your radar: [/vc_column_text][vc_empty_space height="16px"][qodef_separator position="center" color="#f2f2f2" width="100%" thickness="1"][vc_empty_space height="16px"][/vc_column][/vc_row][vc_row][vc_column width="1/6"][vc_single_image image="20148" img_size="" alignment="center"][/vc_column][vc_column width="5/6"][vc_column_text] Harnessing Open Innovation for Competitive Advantage Procurement and supply chain functions are no longer just about cost-cutting, they’re about strategic innovation. Ezassi enables businesses to leverage external networks of innovators, startups, and research institutions to uncover groundbreaking technologies and solutions that drive efficiency and growth. With Ezassi’s technology...

11 Mar

Corporate Venture Capital

by Ryan Musarra

in Enterprise Innovation, Innovation Strategy Services, Open Innovation, Technology Scouting

Comments

[vc_row][vc_column][vc_column_text] The Hidden Challenges of Corporate Venture Capital [/vc_column_text][vc_empty_space height="12px"][vc_column_text] (And How to Overcome Them) [/vc_column_text][vc_empty_space height="18px"][vc_column_text]Corporate Venture Capital (CVC) groups have grown in popularity as a vehicle to drive disruptive innovation and growth. Compared to traditional R&D efforts or large-scale M&A, CVCs can deliver impactful results faster, often with less financial risk. However, scaling a successful CVC operation comes with its own set of unique challenges, many of which persist despite years of refinement.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column width="1/4"][vc_single_image image="19998" img_size="" alignment="center"][vc_empty_space][/vc_column][vc_column width="3/4"][vc_empty_space height="110px"][qodef_blockquote text="Corporate Venture Capital (CVC), in the context of innovation, refers to the practice of established corporations investing directly in external startup companies to achieve strategic objectives. Unlike traditional venture capital, which primarily focuses on financial returns, CVC aims to drive innovation by accessing new technologies, markets, and business models. This approach allows corporations to enhance their innovation capabilities, foster partnerships with agile startups, and gain competitive advantages in rapidly evolving markets. Through CVC,...

26 Feb

Predictive Maintenance

by Dave Jones

in Chemicals & Materials, CPG Industry, Defense & Aerospace Industry, Energy Industry, Food and Beverage Industry, Innovation, MedTech & Life Sciences Industry, Open Innovation, Technology, Technology Landscape

Comments

[vc_row][vc_column][vc_column_text] Predictive Maintenance in Industry 4.0 [/vc_column_text][vc_empty_space height="20px"][vc_column_text]Predictive maintenance (PdM) is revolutionizing how businesses approach equipment upkeep, particularly in industries such as Consumer Packaged Goods (CPG), Aerospace and Defense, Energy, and Manufacturing. By leveraging Industry 4.0 principles- such as the Industrial Internet of Things (IIoT), artificial intelligence (AI), and big data analytics- companies can predict equipment failures before they occur, reducing downtime, optimizing costs, and enhancing operational efficiency.[/vc_column_text][vc_empty_space height="10px"][qodef_separator position="center" color="#d6d6d6" width="100%" thickness="2 px"][vc_empty_space height="10px"][vc_column_text] What is Predictive Maintenance? [/vc_column_text][vc_empty_space height="10px"][qodef_blockquote text="Predictive maintenance involves continuously monitoring the condition and performance of equipment using advanced technologies like IoT sensors, machine learning models, and real-time data analytics. Unlike traditional reactive or preventive maintenance (PM), which either waits for failures to occur or follows a fixed schedule, PdM identifies potential issues based on actual equipment conditions. This proactive approach enables timely interventions, minimizing unplanned downtime and extending asset lifespans." width="80%"][vc_empty_space height="10px"][qodef_separator position="center" color="#d6d6d6" width="100%" thickness="2 px"][vc_empty_space][vc_column_text] The Role...

30 Jan

What is Technology Scouting?

by Hunter O'Donnell

in Innovation, Innovation Software, Innovation Solutions, Open Innovation, Research Services, Technology, Technology Scouting

Comments

[vc_row][vc_column][vc_column_text]Staying ahead of technological advancements is crucial for corporate innovators aiming to enhance their R&D and innovation programs. One effective strategy to achieve this is through technology scouting. But what exactly is technology scouting, and how can it benefit your organization?[/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width="2/3"][vc_column_text] Define Technology Scouting [/vc_column_text][vc_empty_space height="22px"][qodef_blockquote text="Technology scouting is a proactive approach to identifying, evaluating, and acquiring emerging technologies and expertise from external sources. It involves systematically searching for technological solutions, patents, new research, trends, subject matter experts, and opportunities that solve for an organization's near-term objectives. This process enables companies to integrate external knowledge and adjacent technologies into their internal R&D efforts more effectively." title_tag="h3" width="100%"][vc_empty_space][/vc_column][vc_column width="1/3"][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="22px"][vc_row_inner][vc_column_inner width="1/4"][qodef_button size="" type="" hover_animation="" target="_blank" icon_pack="" font_weight="" text="Example Report" link="//ezassi.com/technology-discovery-services/smart-packaging-tech-scouting-report/"][/vc_column_inner][vc_column_inner width="1/2"][vc_column_text] Ezassi offers Technology Scouting Software and Customized Research Reports by Innovation Analysts. [/vc_column_text][/vc_column_inner][vc_column_inner width="1/4"][qodef_button size="" type="" hover_animation="" target="_blank" icon_pack="" font_weight="" text="Case Study" link="//ezassi.com/wp-content/uploads/2024/04/Advancing-NASAs-Technology-Scouting.pdf"][/vc_column_inner][/vc_row_inner][vc_empty_space height="42px"][vc_row_inner][vc_column_inner][vc_column_text] The Importance of Technology Scouting [/vc_column_text][vc_empty_space height="22px"][vc_column_text]Incorporating technology scouting into your innovation...

08 Jan

What is Business Model Innovation?

by Stephanie Creech

in Innovation, Innovation Software, Innovation Solutions, Innovation Strategy Services, Open Innovation, Technology, Types of Innovation

Comments

[vc_row][vc_column][vc_column_text] A Guide to Business Model Innovation [/vc_column_text][vc_empty_space height="20px"][vc_column_text]Business model innovation is a competitive strategy offering organizations a way to redefine their value proposition, operational structure, and revenue streams. In this guide, we’ll explore what business model innovation entails, why it’s critical for success, and how innovation management leaders can leverage software tools and strategic services to guide transformational growth.[/vc_column_text][vc_empty_space height="30px"][vc_column_text] What is Business Model Innovation? [/vc_column_text][vc_empty_space height="10px"][qodef_blockquote text="Business model innovation is the process of reinventing how a company delivers value to its customers and captures profits. Unlike product or process innovation, it focuses on altering the framework of business operations, including customer engagement, revenue generation, and cost management." title_tag="h3" width="75%"][vc_empty_space height="30px"][/vc_column][/vc_row][vc_row][vc_column][qodef_separator position="center" color="#dddddd" width="100%" thickness="2 px"][vc_empty_space height="10px"][vc_column_text] Why It Matters: [/vc_column_text][vc_empty_space height="5px"][vc_column_text] Adapts to disruptive technologies Enhances market differentiation Unlocks new revenue opportunities [/vc_column_text][vc_empty_space height="10px"][qodef_separator position="center" color="#dddddd" width="100%" thickness="2 px"][vc_empty_space height="30px"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Key Elements of Business Model Innovation [/vc_column_text][vc_empty_space height="5px"][vc_column_text]To succeed in business model innovation, organizations must address these core components: Value Proposition...

30 Dec

Revolutionizing Industries: How Smart Materials Will Redefine Key Industries in the Next 5 Years

by Dave Jones

Comments

[vc_row][vc_column][vc_column_text] The Game-Changing Potential of Advanced Materials [/vc_column_text][vc_column_text] The Future of Advanced Materials in Consumer Goods, Energy, and Emerging Technologies [/vc_column_text][vc_empty_space height="10px"][vc_column_text]In the fast-paced world of technology, advanced materials are playing a pivotal role in reshaping industries. From consumer packaged goods (CPG) and life sciences to energy, defense and aerospace, innovations in materials science—such as self-healing polymers, bio-based materials, and nanostructures—are enabling groundbreaking applications. These materials promise lighter, stronger, and more sustainable solutions, driving innovation while addressing critical global challenges like climate change, resource scarcity, and health care needs. Over the next five years, the integration of advanced materials will enhance products in sectors as diverse as packaging, renewable energy, and defense systems. This blog will explore how advanced materials are driving innovation and reshaping the future of these industries.[/vc_column_text][vc_empty_space height="10px"][qodef_separator position="center" color="#d6d6d6" width="100%" thickness="2 px"][vc_empty_space height="10px"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Innovations Shaping the Future of the CPG Food & Beverage Industry Key Impact Areas: Sustainable Packaging, Enhanced Food Safety, and...

18 Dec

Strategic Pipeline Management

by Matthew Heim

in Innovation Strategy Services, Open Innovation

Comments

[vc_row][vc_column][vc_column_text]Are you one of the many innovation executives who struggle to determine which projects you should be working on first, and which ones should have the highest priority amongst others? If so, then you are certainly not alone. In fact, three out of five executives interviewed find this to be one of their top 5 challenges when managing their innovation pipeline. Some innovation executives do not have a formal relationship with the business units (BU) or categories and are unable to gain a clear understanding of the potential business impact of a new development requirement. Others struggle to determine which projects should be prioritized higher than others based on their return on investment (ROI). Either way, there are a few simple steps that the innovation team can take that will help clarify innovation initiatives, deploy the right resources, ensure proper transitions, prioritize initiatives with the highest strategic impact, and assign...

16 Dec

Ezassi vs Big 4 Consulting

by Matthew Heim

in Innovation Software, Innovation Solutions, Open Innovation

Comments

[vc_row][vc_column][vc_column_text] Big Consulting Houses vs. Boutique Firms for Innovation The Costs and Risks of Making an Uninformed Choice [/vc_column_text][vc_empty_space height="10px"][vc_column_text]We all know, and possibly worked with the Big 4 consulting houses, which include PriceWaterhouseCoopers, KPMG, Ernst & Young and Deloitte. These firms have thousands of consultants and are designed to drive high profits through a Matrixed Organization, as well as what is known as a Leverage Model. Think of the Leverage Model as a pyramid, with the senior-level partners at the top, managers in the middle and associates at the bottom. As the pyramid would symbolize, there are many more junior-level resources – in fact, they are designed to hold a ratio of between 12- or 15-to-1. Having worked for two of the four big consulting houses at both junior and senior levels, I know that these firms will claim to be able to produce deliverables on virtually any topic or discipline. Because...

05 Dec

From Concept to Reality: Mastering the Innovation Lifecycle with Ezassi

by Stephanie Creech

in Innovation, Innovation Challenge, Innovation Software, Innovation Solutions, Open Innovation

Comments

[vc_row][vc_column][vc_column_text]Bringing a groundbreaking idea to life is an exhilarating journey, but it’s also one that requires strategic execution. Whether you’re a startup founder, R&D leader, or innovation manager, the transition from concept to market-ready solution involves navigating a series of interconnected stages. At Ezassi, we specialize in helping organizations streamline the idea-to-implementation process with our suite of Innovation Management Products and Services. Let’s explore how our offerings can elevate your innovation journey and bring your vision to life.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] The Power of Innovation Management [/vc_column_text][vc_empty_space height="5px"][vc_column_text]Successful innovation doesn’t stop at ideation—it thrives on meticulous planning, execution, and adaptation. Without a structured approach, even the most brilliant ideas risk stalling. Ezassi’s Idea Management Software, Technology Discovery Software, and Pipeline Management Software help organizations manage every phase of innovation, ensuring ideas are not only generated but also refined, implemented, and optimized for long-term success.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] Understanding the Idea-to-Implementation Process [/vc_column_text][vc_empty_space height="5px"][vc_column_text] 1. Generating and Refining Ideas Innovation begins with ideation....

Open Innovation

Navigate Uncertainty

Procurement Strategy for Supply Chain Agility

Corporate Venture Capital

Predictive Maintenance

What is Technology Scouting?

What is Business Model Innovation?

Revolutionizing Industries: How Smart Materials Will Redefine Key Industries in the Next 5 Years

Strategic Pipeline Management

Ezassi vs Big 4 Consulting

From Concept to Reality: Mastering the Innovation Lifecycle with Ezassi

Navigate Uncertainty

Procurement Strategy for Supply Chain Agility

Corporate Venture Capital

Best Practices for Technology Discovery

Predictive Maintenance

Latest Posts

Want to receive the Ezassi newsletter?

Recent Posts

Open Innovation

Latest Posts

Want to receive the Ezassi newsletter?